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TheBitcoinWizard
May 16, 2022 12:41 PM

BTCUSD Bitcoin - Short Sell Short

Bitcoin / U.S. dollarBitstamp

Description

Everyone is Long.


Based on Trader sentiment "This must be the bottom" I am shorting still


The $30,000 Level has held and rejected perfectly, breaking about this will not be ideal now.

Positions taken here could be held into the lows of 25K
Automated trailing stops following an MA is the best way to be safe.






Comment

The formation is clear

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